Thorchain halts trading amid suspected $10M exploit

Thorchain (RUNE) has urgently halted trading following a suspected exploit across the Bitcoin, Ethereum, BNB Chain, and Base networks, The Block reported. On-chain analysts ZachXBT and PeckShield have identified addresses believed to be linked to the attack, stating that estimated damages so far exceed $10 million. However, both analysts noted that the attack has not yet been fully confirmed.